The Internet is an ever-growing system that offers new options to gain cash on the Internet. One of these ways is to be a domain reseller and sell domain names to end users, earning revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered every day, and there are millions of presently active domain names, so this is an enlarging marketing niche that you can become involved in.
Top-Level and Second-Level Domains
A domain name includes two entities - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the top-level domain name and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic top-level domain names comprise the most widely used domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names comprise two-character abbreviations that signify each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic Top-Level Domain or a country-code one, has a Registry - an organization that is responsible for the registrations and sets the preconditions that each particular Top-Level Domain may entail, including the length of the registration term or the citizenship of the registrant. A number of Registrar companies operate under the Registry. These are the firms that actually offer the domain name to customers and administer all domain resource records.
Earn Revenue From Offering Domain Names
A lot of Registrars have reseller programs that allow individuals to make profit from offering domain names to end users. If you subscribe to such a program, you can kick off your very own electronic business. Commonly, a domain name will be more inexpensive if it is registered via a reseller rather than if it is bought directly from the Registrar by an end customer. The reason is that resellers can contact more users in provinces or countries where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both parties will cash in on that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar requires for the domain name registration.
Resell Domain Names Under Your Own Brand Name
When you subscribe to a domain reseller program, you will have a site hosting Control Panel where you can select the prices for the specific Top-Level Domains that the Registrar offers. Most companies also offer invoicing transaction software and site themes for your online storefront, and the automation of the entire process coupled with the growing demand for domains make the domain reseller market niche so desirable. You will either receive a turn-key web site and utilize the Registrar system to resell domains, or they will give you access to their API (Application Programming Interface) so that you can build your very own personal online portal and form for placing orders. Commonly, you have the option to pick between the 2 alternatives, so it all depends on how practiced you are in these things. As a domain name reseller, you will do business on behalf of your own brand name and not on behalf of the Registrar's brand.
Make Revenue From Supplying Website Hosting Services As Well
An adequate addition to your domain name reseller business would be to sell web hosting packages as well. Thus, you can offer a package deal to users who would like to have their website and need both a domain name and a web hosting account. Particular firms provide such options. With 'ResellersPanel', for example, you can have a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and free-of-charge invoicing transaction software to bill your customers. You can then sell domains and shared website hosting plans to customers, and since they provide a lot of diverse domain extensions, you will be able to provide domain and hosting services to customers from all over the globe.